Let the given statement be P(n) i.e.,
P(n):(1+11)(1+12)(1+13)......(1+1n)=(n+1)
For n=1, we have
P(1):(1+11)=2=(1+1), which is true.
Let P(k) is true for some k∈N
(1+11)(1+12)(1+13)......(1+1k)=(k+1).........(i)
We shall now prove that P(k+1) is true.
Consider
[(1+11)(1+12)(1+13)......(1+1k)](1+1k+1)
=(k+1)(1+1k+1) [Using (i)]
=(k+1)((k+1)+1k+1)
=(k+1)+1
Thus, P(k+1) is true whenever P(k) is true.
Hence, by the principle of mathematical induction, statement P(n) is true for all natural numbers i.e., n